$2,295
17518 Majestic Forest Dr, Spring, TX, 77379
On Market
Property Lead Type:
Absentee OwnerHigh EquityMove-In Ready
Highlights
Interior
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher
Exterior
Lot Size11,051 sqft
Building Information
Year Built1980
Stories2
Garage Spaces2
Land Information
APN1122490000024
Lot Number24
SubdivisionSpring Creek Forest
Land UseResidential
Legal DescriptionLT 24 BLK 22 017*S6353500-003-022-024 SPRING CREEK FOREST SEC 3
Census Tract553803
Assessed Land Value$70,278
Assessed Improvement Value$197,460
Assessment Year2025
About this property
Stunning 2-story home featuring beautiful wood and tile flooring throughout! This spacious open-concept layout is perfect for modern living and entertaining. Thoughtfully upgraded and meticulously maintained, this home shines with pride of ownership. Located in a well-established neighborhood close to shopping, dining, and schools. Enjoy the oversized backyard with plenty of space. Convenient mudroom with half bath and shower, and a large utility room with built-in storage add extra functionality. Move-in ready—don’t miss this exceptional opportunity!
Investor Tools
$24,638Estimated Mortgage Balance
$292,546Estimated Equity
91% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,902 /month
Positive
Cash Flow Estimate:
$634 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$379/month
$385/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,967
$267,738
2025
$70,278
$197,460
$267,738
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,967
$267,738
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Union Fidelity Fcu
Credit Line (Revolving) / Heloc
$30,000
No
First
Oct 6, 2017
Oct 2023
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$24,638
$274,362
91%
8%
$180/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,590/mo
$565/mo
+$2,025/mo
9.8%
